Matches in SemOpenAlex for { <https://semopenalex.org/work/W181200109> ?p ?o ?g. }
- W181200109 abstract "In Europe, a number of countries align tax accounts and parent-only accounts, while allowing companies to characterize consolidated profits to capital markets in a different way. Using parent-only (consolidated) accounts as a proxy for tax (book) accounts, this paper analyzes the role of reporting timeliness in inducing book-tax income differences (BTD). I argue that users of financial statements require the higher timeliness of book income and show that book income records economic news in a timelier manner. The higher timeliness of book income increases (decreases) book income relative to taxable income during periods of good (bad) news. The effect of reporting timeliness is found to be economically important as (i) higher BTD are associated with improved investment efficiency, and (ii) a delayed recognition of economic events in tax accounts induces a positive correlation between aggregate BTD and future income tax revenues. These findings have implications for the interpretation of book-tax differences in financial analysis and provide a new explanation for the evolution of aggregate book-tax differences in the United States over the last years. JEL classification: G31, G32, H25, H26, M41" @default.
- W181200109 created "2016-06-24" @default.
- W181200109 creator A5046294954 @default.
- W181200109 date "2009-01-01" @default.
- W181200109 modified "2023-09-23" @default.
- W181200109 title "Does reporting timeliness affect book-tax differences?" @default.
- W181200109 cites W1498895452 @default.
- W181200109 cites W1537097801 @default.
- W181200109 cites W1557214013 @default.
- W181200109 cites W1893702674 @default.
- W181200109 cites W1974322014 @default.
- W181200109 cites W1986187321 @default.
- W181200109 cites W2012764608 @default.
- W181200109 cites W2015538552 @default.
- W181200109 cites W2015967970 @default.
- W181200109 cites W2020191807 @default.
- W181200109 cites W2029074784 @default.
- W181200109 cites W2029356776 @default.
- W181200109 cites W2039479473 @default.
- W181200109 cites W2047134097 @default.
- W181200109 cites W2047134779 @default.
- W181200109 cites W2058048138 @default.
- W181200109 cites W2086440694 @default.
- W181200109 cites W2088410979 @default.
- W181200109 cites W2106636121 @default.
- W181200109 cites W2131277594 @default.
- W181200109 cites W2133755485 @default.
- W181200109 cites W2140662150 @default.
- W181200109 cites W2141041275 @default.
- W181200109 cites W2321192248 @default.
- W181200109 cites W2326998660 @default.
- W181200109 cites W2889572517 @default.
- W181200109 cites W3121559110 @default.
- W181200109 cites W3121659613 @default.
- W181200109 cites W3121685591 @default.
- W181200109 cites W3121759882 @default.
- W181200109 cites W3121827328 @default.
- W181200109 cites W3121890812 @default.
- W181200109 cites W3121951548 @default.
- W181200109 cites W3122451348 @default.
- W181200109 cites W3122489987 @default.
- W181200109 cites W3122497925 @default.
- W181200109 cites W3122584714 @default.
- W181200109 cites W3122706194 @default.
- W181200109 cites W3122864039 @default.
- W181200109 cites W3123315809 @default.
- W181200109 cites W3123491384 @default.
- W181200109 cites W3123527481 @default.
- W181200109 cites W3123593299 @default.
- W181200109 cites W3123614923 @default.
- W181200109 cites W3123775747 @default.
- W181200109 cites W3123831793 @default.
- W181200109 cites W3124176564 @default.
- W181200109 cites W3124572978 @default.
- W181200109 cites W3124907716 @default.
- W181200109 cites W3125104382 @default.
- W181200109 cites W3125111241 @default.
- W181200109 cites W3125469707 @default.
- W181200109 cites W3125592762 @default.
- W181200109 cites W3125688476 @default.
- W181200109 cites W3125691974 @default.
- W181200109 cites W3125717595 @default.
- W181200109 cites W3125759246 @default.
- W181200109 hasPublicationYear "2009" @default.
- W181200109 type Work @default.
- W181200109 sameAs 181200109 @default.
- W181200109 citedByCount "2" @default.
- W181200109 countsByYear W1812001092012 @default.
- W181200109 countsByYear W1812001092015 @default.
- W181200109 crossrefType "journal-article" @default.
- W181200109 hasAuthorship W181200109A5046294954 @default.
- W181200109 hasConcept C100001284 @default.
- W181200109 hasConcept C119857082 @default.
- W181200109 hasConcept C121955636 @default.
- W181200109 hasConcept C138262166 @default.
- W181200109 hasConcept C139447083 @default.
- W181200109 hasConcept C145236788 @default.
- W181200109 hasConcept C157263771 @default.
- W181200109 hasConcept C162324750 @default.
- W181200109 hasConcept C165786947 @default.
- W181200109 hasConcept C172008318 @default.
- W181200109 hasConcept C188159781 @default.
- W181200109 hasConcept C195487862 @default.
- W181200109 hasConcept C2780148112 @default.
- W181200109 hasConcept C41008148 @default.
- W181200109 hasConcept C551662922 @default.
- W181200109 hasConcept C556758197 @default.
- W181200109 hasConcept C74939039 @default.
- W181200109 hasConcept C91064468 @default.
- W181200109 hasConceptScore W181200109C100001284 @default.
- W181200109 hasConceptScore W181200109C119857082 @default.
- W181200109 hasConceptScore W181200109C121955636 @default.
- W181200109 hasConceptScore W181200109C138262166 @default.
- W181200109 hasConceptScore W181200109C139447083 @default.
- W181200109 hasConceptScore W181200109C145236788 @default.
- W181200109 hasConceptScore W181200109C157263771 @default.
- W181200109 hasConceptScore W181200109C162324750 @default.
- W181200109 hasConceptScore W181200109C165786947 @default.
- W181200109 hasConceptScore W181200109C172008318 @default.
- W181200109 hasConceptScore W181200109C188159781 @default.